Best's News

A.M. Best was established in 1899 by Alfred M. Best, aiming to provide insights into the financial health of insurance companies and the industry as a whole. It holds the title of the oldest and most reputable source for ratings, financial information, and news, specifically dedicated to the insurance sector. The organization issues ratings for around 3,400 companies across more than 80 countries globally. A.M. Best's Credit Ratings serve as a standard measure for evaluating the financial strength of rated entities and the creditworthiness of their commitments.

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Network Outages: Philadelphia Insurance in

1 week ago | news.ambest.com | Renée Kiriluk-Hill

!###META:BEGIN###> <!###META:END###> <!###CONTENT:BEGIN###> Best’s News & Research Service subscription required - June 20, 2025 11:25 AM (EDT)Philadelphia Insurance Cos. was in the early stages of restoring full operations following a network outage. . . .
Industry Watchers Say Attritional Losses, Not Recent Crashes, Weigh on Aviation Insurers

2 weeks ago | news.ambest.com | Renée Kiriluk-Hill

!###META:BEGIN###> <!###META:END###> <!###CONTENT:BEGIN###> Best’s News & Research Service subscription required - June 10, 2025 04:11 PM (EDT)The rising cost of smaller claims is impacting aviation insurers, according to writers in the line. . . .
Erie Partially Reopens Policyholder Access as Network Outage Continues

2 weeks ago | news.ambest.com | Renée Kiriluk-Hill

!###META:BEGIN###> <!###META:END###> <!###CONTENT:BEGIN###> Best’s News & Research Service subscription required - June 10, 2025 01:35 PM (EDT) A network outage reported days earlier continues at Erie Insurance, but the company said policyholders can now file claims with a local agent or via phone. . . . -- This content requires a subscription -- Log in Register your purchase Best's News & Research Service A subscription includes: BestDay Best's News Best's Review Best's Research Best's...
Monarch E&S Acquires MGA Market Finders in Geographic Expansion

3 weeks ago | news.ambest.com | Terrence Dopp

!###META:BEGIN###> <!###META:END###> <!###CONTENT:BEGIN###> Best’s News & Research Service subscription required - June 06, 2025 04:34 PM (EDT)Monarch E&S Insurance Services has acquired New Mexico-based managing general agent Market Finders Inc.
Update: Participants See Strong Commercial Lines Prospects in Middle Market

3 weeks ago | news.ambest.com | David Pilla

!###META:BEGIN###> <!###META:END###> <!###CONTENT:BEGIN###> Best’s News & Research Service subscription required - May 30, 2025 03:04 PM (EDT) (Adds comment from Hub International in paragraphs 4-6 and 20.) Underwriters and brokers are devoting resources to the North American commercial middle market. citing the market's growth . . . -- This content requires a subscription -- Log in Register your purchase Best's News & Research Service A subscription includes: BestDay Best's News Best's...
TWIA Swings to Annual $413.5 Million Deficit as Exposure, Policies Rise but Rates Don

3 weeks ago | news.ambest.com | Renée Kiriluk-Hill

!###META:BEGIN###> <!###META:END###> <!###CONTENT:BEGIN###> Bestâ€™s News & Research Service subscription required - June 02, 2025 12:26 PM (EDT) Texas Windstorm Insurance Association started the year with a $413.5 million deficit, compared with a $45.9 million surplus in the prior-year period after a Category 1 hurricane drained its . . . -- This content requires a subscription -- Log in Register your purchase Best's News & Research Service A subscription includes: BestDay Best's News Best's...
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3 weeks ago | news.ambest.com | Caroline Saucer

!###META:BEGIN###> <!###META:END###> <!###CONTENT:BEGIN###> Best’s News & Research Service subscription required - May 30, 2025 04:10 PM (EDT) AM Best Associate Director David Blades discusses a new Best’s Market Segment Report that finds social inflation, declining reserve redundancies and rising claims severity continue to vex the . . . -- This content requires a subscription -- Log in Register your purchase Best's News & Research Service A subscription includes: BestDay Best's News Best's...
LIMRA: Total Canadian Life New Annualized Premium Up 13%

3 weeks ago | news.ambest.com | Terrence Dopp

!###META:BEGIN###> <!###META:END###> <!###CONTENT:BEGIN###> Best’s News & Research Service subscription required - May 30, 2025 09:55 AM (EDT) Total Canadian life insurance new annualized premium rose 13% to C$508 million ($368.1 million) in the first quarter of 2025, compared with a year earlier, industry group LIMRA said. . . . -- This content requires a subscription -- Log in Register your purchase Best's News & Research Service A subscription includes: BestDay Best's News Best's Review...
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4 weeks ago | news.ambest.com | David Pilla

!###META:BEGIN###> <!###META:END###> <!###CONTENT:BEGIN###> Best’s News & Research Service subscription required - May 29, 2025 10:47 AM (EDT) Florida's property insurance market has seen underwriting improvement since the state adopted tort reforms in 2022 as insurers showed a renewed interest in doing business in the state despite . . . -- This content requires a subscription -- Log in Register your purchase Best's News & Research Service A subscription includes: BestDay Best's News Best's...
Canada

4 weeks ago | news.ambest.com | Terrence Dopp

!###META:BEGIN###> <!###META:END###> <!###CONTENT:BEGIN###> Best’s News & Research Service subscription required - May 27, 2025 04:16 PM (EDT) Canada's Office of the Superintendent on Financial Institutions said it has launched three consultations and made adjustments to the Life Insurance Capital Adequacy Test. . . . -- This content requires a subscription -- Log in Register your purchase Best's News & Research Service A subscription includes: BestDay Best's News Best's Review Best's...